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June 26th, 2013 By German Lopez | News | Posted In: News, Development, Streetcar, City Council

City Council Approves Streetcar Budget Fixes

Funding for development at Fourth, Race streets also gets approval

city hallCity Hall - Photo: Jesse Fox

City Council today approved funding and accountability measures for the Cincinnati streetcar project, allowing the project to move forward.

On Monday, the Budget and Finance Committee approved the measures, which CityBeat covered in further detail here. The funding ordinance closes the streetcar project's $17.4 million budget gap by issuing more debt and pulling funding from various capital projects, including infrastructure improvements around the Horseshoe Casino.


The accountability motion will require the city manager to update City Council with a timeline of key milestones, performance measures, an operating plan, staffing assessments and monthly progress reports.

Council members Roxanne Qualls, Laure Quinlivan, Chris Seelbach, Yvette Simpson and Wendell Young voted for the measures. Council members P.G. Sittenfeld, Chris Smitherman and Charlie Winburn voted against both. Councilwoman Pam Thomas voted against the funding ordinance, but she voted for the accountability motion.

City Council also unanimously approved funding for a development project on Fourth and Race streets, which includes a downtown grocery store, luxury apartment tower and parking garage to replace Pogue's Garage. CityBeat covered that project in further detail here.

 
 
 
 
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